	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,400	£14,616	£14,981	£15,356	£15,817	£75,170
Total Expenses	£12,962	£13,030	£13,109	£13,190	£13,279	£65,570
Profit Before Tax	£1,438	£1,586	£1,872	£2,166	£2,537	£9,600
Profit After Tax	£1,165	£1,285	£1,517	£1,754	£2,055	£7,776
Change In Property Value	£4,800	£4,896	£9,988	£12,984	£13,633	£46,301
Net Return	£5,965	£6,181	£11,504	£14,738	£15,689	£54,077
Return From Rental Income (%)	2%	2%	2%	2%	3%	11%
Total Net Return (%)	8%	8%	16%	20%	21%	74%